ASML Holding Reaches Analyst Target Price
July 14, 2016 at 16:00 PM EDT
In recent trading, shares of ASML Holding NV (ASML) have crossed above the average analyst 12-month target price of $102.60, changing hands for $102.98/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..